Huawei filed a patent application for Blockchain technology

in bitcoin •  7 years ago 

indir (1).jpg

Huawei, the Chinese Telecom giant and smart phone manufacturer, may be trying to use Blockchain technology to protect digital property rights.

In a recent patent application filed by the Chinese State Intellectual Property Office on Tuesday, Shenzhen-based technology company explains the details of an invention that claims to have added a validation feature to the peer-to-peer content distribution network running blockchain technology.

The system sent in August 2016 for the first application for patent processing stores validation information for digital content in a Blockchain. When the parties initiate requests for downloads over the network between peers, the system maps their private keys or licenses with validation information to access the content.

Huawei has been following Blockchain technology closely since 2016

Huawei claims that technology is a way to protect intellectual property rights for digital content distributed across peer-to-peer networks. Although it is not yet clear whether the application will be granted by the Patent Office, the patent file reveals evidence that Huawei is trying to develop and adopt Blockchain technology.

The company joined the Hyperledger Blockchain Consortium in October 2016, 2 months after the first patent he sent. The Telecommunications Company is among the first implementers of Hyperledger's Sawtooth software and is still actively involved in development.

@cleverbot
@banjo
@minnowsupport

U5du2A6jcYDNX5bgRFFpxcnZ9XhMoRS.gif

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

You are merely insulting yourself, minion.

Interesting information, thanks for sharing. Now I need to go see if they are publicly traded!

Blockchain technology increases usage areas further ;)

Since I don't know your name, that doesn't seem like a problem to me.

Huawei is trying to develop and adopt the Blockchain technology. IT'S good news Greetings @maykocan

Thank You ;)

Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase https://
3. Type re
Get Featured Instantly � Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness